Time Inc.
The Time Inc. division publishes approximately 150 titles worldwide. It is the leading magazine publisher in the U.S. and UK, and is understood to be profitable at US$5 billion in annual revenues. As of January 2007, the unit is experiencing downsizing. In January 2007, the Bonnier Magazine Group agreed to acquire 18 magazines that Time Inc. was divesting. The magazines in the package employed 550 people and included Field & Stream, Outdoor Life, Ski, Yachting, and TransWorld Snowboarding, as well as 11 other titles that were part of Time Inc.'s Time4Media Group. Also included were Parenting, and Baby Talk, which were part of the Parenting Group.
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Famous quotes containing the word time:
“In times like ours, where the growing complexity of life leaves us barely the time to read the newspapers, where the map of Europe has endured profound rearrangements and is perhaps on the brink of enduring yet others, where so many threatening and new problems appear everywhere, you will admit it may be demanded of a writer that he be more than a fine wit who makes us forget in idle and byzantine discussions on the merits of pure form ...”
—Marcel Proust (1871–1922)
“If youth is the period of hero-worship, so also is it true that hero-worship, more than anything else, perhaps, gives one the sense of youth. To admire, to expand one’s self, to forget the rut, to have a sense of newness and life and hope, is to feel young at any time of life.”
—Charles Horton Cooley (1864–1929)